CH-8 EPV's

Discussion in 'CT5' started by paryas.bhatia, Sep 27, 2014.

  1. paryas.bhatia

    paryas.bhatia Member

    How are (a_x:y) (A_x:y) calculated numerically?
     
  2. John Potter

    John Potter ActEd Tutor Staff Member

    A_x:y = 1 - delta a_x:y

    a_x:y = a(double dot)x:y) - 0.5

    a(double dot)x:y) look up in tables

    Good luck!
    John
     
  3. Nirrushan

    Nirrushan Member

    Hi John,

    I have a couple of queries:
    1. Why is there a delta in place of a 'd' since we are dealing with the discrete version?
    2. Shouldn't the different between 'a[double dot]' and 'a' be 1 and not 0.5?

    Thank you

    :)
     
  4. Nirrushan

    Nirrushan Member

    Hi John,

    Could you please clarify the following:
    1. Why is there a 'delta' eventhough the question is regarding benefit payable at discrete time ?
    2. Shouldn't the different between a[double dot] and a be 1 and not 0.5?

    Thank you
     
  5. John Potter

    John Potter ActEd Tutor Staff Member

    Hi Nirrushan,

    I think both of your questions are solved if I clarify that I took A_ and a_ to mean A bar and a bar, ie paid immediately on death and continuously,

    Good luck!
    John
     
  6. Nirrushan

    Nirrushan Member

    Hi John,

    Thanks for the clarification. Understood it clearly now :)

    Cheers,

    Nirrushan
     

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